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Al-Driven Crypto Investment Research Revolution
Sommelier
Coprocessor for Ethereum
sommelier
Twitter
LinkedIn
Categories:
Asset Management
DeFi
Layer1
Ecosystem:
Ethereum
Cosmos
Founded:
2021
Sommelier is a co-processor for Ethereum that automates Liquidity Providers' (LPs) portfolios to maximize their yields. LPs will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, and other features that traders have come to expect from CeFi. Sommelier is composed of the Cosmos Stargate SDK, its Tendermint-based consensus layer, and a decentralized, bi-directional Ethereum bridge managed by a global network of validators.
Sommelier Fundraising
Amount
$23M
Valuation
--
Date
Oct 20, 2021
Investors
Polychain*
D1 Ventures
Alameda Research
Ignite Ventures
Grant
Amount
$1M
Valuation
--
Date
Apr 15, 2021
Investors
The Graph
Amount
$4M
Valuation
--
Date
Mar 10, 2021
Investors
Standard Crypto*
Alameda Research
Multicoin Capital
Investor
Polychain
United States
Multicoin Capital
United States
Standard Crypto
D1 Ventures
Alameda Research
United States
The Graph
United States
Ignite Ventures
Sommelier Team
Federico Kunze Küllmer
Co-Founder
Jack Zampolin
Co-Founder
Justin Kilpatrick
Co-Founder
Zaki Manian
Co-Founder
Kevin Kennis
Co-Founder
Taariq Lewis
Co-Founder
News
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Sommelier
Coprocessor for Ethereum
sommelier
Twitter
LinkedIn
Categories:
Asset Management
DeFi
Layer1
Ecosystem:
Ethereum
Cosmos
Founded:
2021
Sommelier is a co-processor for Ethereum that automates Liquidity Providers' (LPs) portfolios to maximize their yields. LPs will be able to use Sommelier to author and execute complex, automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, and other features that traders have come to expect from CeFi. Sommelier is composed of the Cosmos Stargate SDK, its Tendermint-based consensus layer, and a decentralized, bi-directional Ethereum bridge managed by a global network of validators.
Sommelier Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
--$23M--Oct 20, 2021
Polychain*
D1 Ventures
Alameda Research
Ignite Ventures
Grant$1M--Apr 15, 2021
The Graph
--$4M--Mar 10, 2021
Standard Crypto*
Alameda Research
Multicoin Capital
Investor
Polychain
United States
Multicoin Capital
United States
Standard Crypto
D1 Ventures
Alameda Research
United States
The Graph
United States
Ignite Ventures
Sommelier Team
Federico Kunze Küllmer
Co-Founder
Jack Zampolin
Co-Founder
Justin Kilpatrick
Co-Founder
Zaki Manian
Co-Founder
Kevin Kennis
Co-Founder
Taariq Lewis
Co-Founder
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